WEX Health, Inc. vs BASIC

Compare and evaluate WEX Health, Inc. vs BASIC based on data from reviews, publicly available sources, and thousands of searches run on Shortlister’s app sign up for a free account.

WEX Health, Inc. offers Benefits Administration, Health Savings Account (HSA), COBRA Administration to companies with 1,000,000 employees. BASIC offers Leave / Absence Management, COBRA Administration, Health Care Flexible Spending Account (FSA) to companies with 2,200,000 employees.

The information in these side-by-side comparisons can be used to help your company make the best choice for its employees.

WEX Health, Inc.

Reviews pending

BASIC

Reviews pending

Product Description

WEX Health, Inc.

Our core, cloud-based benefits administration platform, My Benefit Express (MBE), was built from the ground up by benefits experts who... Show More

BASIC

BASIC’s Consumer Driven Accounts (CDA) platform centralizes all employee benefits in one place—one card, one website, and one mobile app.... Show More

Min. Group Size

WEX Health, Inc.

1,000 eligible

BASIC

-

Lives Serviced

WEX Health, Inc.

650,000

BASIC

220,000

Product Specific Features

WEX Health, Inc.

✓

Benefits record management

✓

Enrollment management

✓

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

✓

Total compensation statements

✓

Enrollment changes

✓

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

✓

Imputed income calculations

✓

QMCSO administration

✓

Retroactive/arrears processing

✓

Carrier billing

✓

Carrier reconciliation

✓

Carrier remittance

BASIC

✓

Benefits record management

Not offered

Enrollment management

Not offered

Decision support tools

✓

Payroll deduction calculator

✓

Deduction calculations

✓

Benefits calculations

✓

Cost calculations

Not offered

Total compensation statements

✓

Enrollment changes

Not offered

Automatic benefit changes

✓

Customizable retiree rules

✓

Customizable dependent and beneficiary rules

✓

Wellness and surcharges

✓

System integration

✓

Direct billing

Not offered

QMCSO administration

✓

Retroactive/arrears processing

Not offered

Carrier billing

Not offered

Carrier reconciliation

✓

Carrier remittance

Features

WEX Health, Inc.

✓

Employee self-service

✓

Manager self-service

✓

Global capabilities

✓

iOS native application

✓

Android native application

✓

Responsive design

✓

SaaS / Cloud-based

✓

Dashboard analytics

✓

Third-party integrations

✓

SOC audit(s) performed

BASIC

✓

Global capabilities

✓

GDPR Compliant

✓

iOS native application

✓

Android native application

✓

Responsive design

Official Resources

WEX Health, Inc.

BASIC

Media

WEX Health, Inc.

BASIC

About

WEX Health, Inc.

WEX is a full service, benefits outsourcing administrator, offering a suite of fully-bundled and integrated, best-in-class a la carte solutions... Show More

BASIC

BASIC is a nationally recognized third-party administrator with more than 35 years of experience delivering employee benefits and HR compliance... Show More

Founded

WEX Health, Inc.

1983

BASIC

1989

Location

WEX Health, Inc.

Portland Maine

BASIC

Portage, MI 49024, US

Employees

WEX Health, Inc.

325

BASIC

397

Funding Summary

WEX Health, Inc.

None

BASIC

None

Website

Reviews

WEX Health, Inc.

0.0 (0)

BASIC

0.0 (0)

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